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Search Results 0 to 11 of about 12 (some duplicates have been removed)
FOX News
Nov 8, 2012 1:00pm PST
be they cannot outrun the global slow down, a economy with 33,000 stores, 400,000 employees in 100 countries and they are the global economy. they are a reflection of what goes on around the world. 40 percent is in europe but a huge percentage is in the united states, and what they are telling us, the global slow down is real and they are telling us what americans are seeing every day, revenues are declining but the expenses are rising, and the spents are rising faster. the fiscal cliff is only going to make the situation worse. today, wall street woke up, literally they woke up yesterday after the election and said look what is ahead. look what we have to deal with. it is the repricing of risk that is going on. it is good to have the wake-up call and to be mindful of what is on horizon. only then can we deal with it. >>neil: the republicans and democrats are trying to size the other guy up and there is not a lot of final for that. we have sized up the numbers. you with wonder if the guy next to you will blink or if you are blinking or someone will look like they giving away too much, you ha
FOX News
Nov 14, 2012 1:00pm PST
opted to extend all the bush rates, he did so because the economy was too fragile to tamper with raising taxes at the time. it is more fragile now. the g.d.p. is actually lower now. so, what gives? >>guest: absolutely. the economy is still in a very fragile state and if we are going to continue a recover we l -- we cannot raise taxes. republicans cannot raise tax rates. that is damaging to them. >>neil: do they sense they have wiggle room on the deductions and allowances? and say the president is wrong on this, but the $1 trillion you can talk money like that if you remove the allowances and breaks how is it being told? >>guest: as we start to see how they will roll the loopholes out, there is a lot of corporate welfare in the tax structure. we have not reformed the tax code since the 1980's and the internet wasn't around them so there is an opportunity to roll out the items and see where we are. i don't see how you can dismiss we don't get there without closing loopholes and deductions first. >>neil: for get whether the president can get republicans there, does he have a power will outl
FOX News
Nov 15, 2012 1:00pm PST
with regards to not hurting the economy as much. it is when we are slowing that this really hurts. >> well, i think wall street isn't buying this infomercial. judging from had today's losses and 700 points worth since the election either they want that money back guarantee or they don't want the money, period. >> i think that's it. i think they don't want the money, period. i think they want simplicity. i think they want cuts on the tax rates. but maybe an elimination of loopholes. things to sim plaw fight the code and -- simplify the code and make it clear that all of the money will be taken away and spent in other places that again the government says they know better about. so that is really the issue here. we aren't seeing any clarity on. >> have you been a wonderful contestant. thank you as always. >> accept my parting gifts, thank you. >> will this number though stop this one? the first number is how many people were lining up last week for first time jobless benefits? 439,000, well above estimates. hurricane sandy blamed for a bulk of it. it shows the whichy is still not heading in the
FOX News
Nov 13, 2012 1:00pm PST
connell laid down the line. they said we will not raise tax rates because this is harmful to the economy and i happen to agree with them i think if we go to tax rates at 45 percent to 50 percent that actually can cause a double dip recession. if that happens, we are not going do have more tax revenues we will have less because more will be unemployed and businesses make small are profit. the problem with revenues right now, we do have a revenue problem in washington, dc, but that is because the who is not growing. people are not paying much taxes because we do not have growth. you get the growth rate up you get an officer if revenue. >>neil: but it could be a democratic strategy for saying we doing all of this, and republicans will count themselves grateful if all they got was eliminating some deductions and putting a cap on write offs. as we have discussed on fox business network, which if you don't have you should demand, but that could be worst than a hike to 39.6 percent because depending on how much the adjust those deductions you could be well over 40 percent. >>guest: that is right. i a
FOX News
Nov 9, 2012 1:00pm PST
to the be leaders of the free world. he ran to be in charge of the economy. the fact of the matter at the end of the day it will be his fingerprints and negotiations have to stop panicking and stop negotiations in public and stop surrendering the principles if boehner felt there should be revenue increases wait to talk to the president do not go on abc news, or abc news and talking about how obamacare is wrong and we are prepared to do revenue increases. that wasn't the decision of the election. harry reid is out this talking about 19 trillion or $20 trillion in debt. we get beyond january 1, we signed off on $2.5 trillion more in debt. we signed off on trashing businesses. tracking the so-called rich. anyone who earned $250,000 and more will have a hugely negative effect on our economy. what have we achieved? >>neil: if part of the revenue issue isn't raising the rates, but is closing loopholes, and credits and special allowances. >>guest: like mortgage interest deduction? >>neil: hear me out. is it leaving mortgage and charitable deductions aside, you are right, the devil is in the details
FOX News
Nov 12, 2012 1:00pm PST
class putting republicans in the box a game the democrats will win but charles payne says this economy cannot afford it. long before the storms, charles was look at a couple of big subsequent operators players and he was talking about this, the issues like doubling and tripling, and lo and behold this past weekend he is talking about united representals, a huge pop today. this man speaks, buyers come out in droves. good to have you. what are taxpayers going to do? >>guest: they will go away. everyone will be rabbit eared. what they saying is crazy this is like the nuclear option. obviously, the tax hits everyone but obviously it hits the people who cannot handle it the most. >>neil: where is it to the democrats' advantage? she is not the first but the most recent. where is the benefit to them? >>guest: it is a victory. we hate the rich so much you do all the math, what they talking about extracting from the rich and confiscating from the rich does nothing for spending. >>neil: butting that aside is there a logic that it is scorched earth and we pick up the pieces. >>guest: the logic pi
Search Results 0 to 11 of about 12 (some duplicates have been removed)